Research

AT&T: It’s all about that ARPU, no treble

Margin headwinds offset slight revenue beat, maintain $1,210

GOOGL/AMZN: Implications of a new GCP + Anthropic deal

Samsung IC Test: Doosan Tesna (131970 KS) Conf Call Notes

China Unicom – Q3 25 Quick Take: Earnings resilient as EBITDA stabilises

AT&T 3Q25 Quick Take: Volumes ahead, financials in-line, guidance reiterated

AMAT model update

JD: iPhone 17 Impact to 4Q25 Revenues

NFLX: Programmatic boosts ads, KPop accelerates licensing, and a painful Brazilian tax

Eutelsat 1Q26: Revenue miss on FX weakness; Capital raise ahead

China Telecom – Q3 25 Quick Take: Still delivering on cost control despite topline challenge

FCC Tees Up Next Gen TV But….

VEON augments Digital strategy with OLX Kazakhstan acquisition for $75m. Our brief thoughts.

China Mobile (Buy) – Q3 25 Quick Take: Better service revenue but a blip in EBITDA slowed earnings momentum; KPIs remained decent

Tele2 Q3 25: An EBITDA miss, but OpFCF beat, and FY25 OpFCF guidance upgrade

AI spending, Auto Cycle, Semicap in 2026, and more, our Weekly wrap-up.

Will Newsmax Be Able to Kill the Nexstar/Tegna Deal?

NBS: Physical Goods Growth Remains Resilient Despite Meaningful Deceleration in Home Appliances

Reliance Industries Ltd – Q2 FY26 Quick Take: Back to HSD growth on O2C inflection and Retail improvement; rapid growth in FWA again

Oracle AI world: datapoints support our framework and numbers